The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to multi-month highs, shipping and trade sources said.
The boom in specialty pharmaceuticals is reshaping the pharmacy industry's market structure as 10 companies account for 70 percent of specialty pharmacy revenues, according to Adam J. Fein, CEO of the Drug Channels Institute and author of the study on pharmacy economics and the pharmaceutical supply chain.
For more than 50 years, global production of plastic has continued to rise. Some 299 million tons of plastics were produced in 2013, representing a 4 percent increase over 2012. Recovery and recycling, however, remain insufficient, and millions of tons of plastics end up in landfills and oceans each year, according to Gaelle Gourmelon, communications and marketing manager at the Worldwatch Institute.
Tracking rail carts with GPS and cellular could bring value to the rail sector; however, penetration rates on rail carts are currently very low (globally less than 50,000 in 2014), and growth is not forecasted to be very strong over the next 5 years, or even the next 10, according to ABI Research. Therefore, for the time being at least, it looks like RFID will dominate this sector.
Globally, mobile technology has emerged as a primary engine of economic growth, stimulating enormous private-sector spending in both R&D and infrastructure, and profoundly changing daily lives - everywhere.
The liner services group of Crowley Maritime Corp. is adding a flat-deck container barge, with capacity for 400 forty-foot equivalent units (FEUs), to its South Atlantic Puerto Rico service.
Macy's Inc. plans to relocate its West Sacramento, Calif., direct-to-consumer fulfillment center to a larger facility in a nearby location to support continued sales growth driven by its omnichannel strategy.
The present business models being employed by e-retailers and their shipping partners are becoming increasingly unsustainable, according to a report from Transport Intelligence, a research and analysis firm focusing on the global logistics industry.
The tiny African nation of Djibouti measures 23,200 square kilometers and is home to about 800,000 people, but within a few years - and with a little help from the Chinese - it expects to have two brand-new airport hubs large enough to handle 100,000 tonnes of cargo and 2 million passengers annually.
IAG Cargo, the merged operations of British Airways World Cargo and Iberia Cargo, has extended its Cargo Connector service to San Francisco, the tenth city in the carrier’s network.
The latest supply-chain news, analysis, trends and tools for executives in the pharmaceutical and biotech industries. Learn how pharmaceutical and biotech companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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